Portable Beds Market - Global Industry Analysis

Portable Beds Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Consumer Goods Report Format : PDF Report Code: ZMR-6903 Status : Upcoming

Description

Global Portable Beds Market: Overview

The global market for portable beds is expected to expand at a CAGR of 6.9% over the forecast period. Portable beds, as the name implies, are lightweight and readily moveable beds. They are utilized in situations where big fixed beds are not practical. The major benefit of utilizing these mattresses is their mobility and simplicity. Portable beds are often constructed of a folding metal frame, plastic, or lightweight wood covered with canvas, linen, or nylon. Because of the limited living space and compact home concept in developing countries, the for global portable beds market has grown significantly in recent years. They are also the ideal alternative to regular mattresses due to their multi-functionality and capacity to save space.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Portable Beds Market: Growth Factors

The global portable beds market is growing at a rapid rate. The use of beds in densely populated cities throughout the world is driving the growth of the global portable beds market. Many individuals in large and densely populated cities possess modest homes or flats. Furthermore, the rise in the number of nuclear families, rapid urbanization, the rapidly increasing real estate business, and multi-functionality all influence the growth of the portable bed market. In addition to this, there is a rise in demand for portable beds from tourists with an increase in tourism. Additionally, there is a rise in inclination towards portable foldable beds especially used for camping. All these factors are also adding up significantly to the growth of the global portable beds market. Moreover, the easy availability of portable beds on e-commerce platforms with advantageous discounts and convenience of delivery is fostering the growth of the market. Also, the growing demand for portable beds in medical facilities is spurring the market. Furthermore, portable bed manufacturers are working hard to innovate portable beds to meet the needs of today's customers thereby generating great opportunities for the growth of the global portable beds market. However, changing raw material prices for the manufacture of portable beds limit the product's market expansion.

The COVID-19 pandemic impacted the market severely, the overall revenue was cut down due to less sale of the products. This is mainly due to shortage of products, supply chain disruptions, halt in the manufacturing process, and increased focus on medical expenses by the middle-class population. However, with the occurrence of pracademic conditions, the market is expected to stabilize and register healthy growth over the forecast period.

Global Portable Beds Market: Segmentation

The global market for portable beds is bifurcated into type, distribution channel, application, and region. Based on the type, the global market for portable beds is split into single beds, double beds, and others. The distribution channel of the market is segregated as offline and online. The applications of the portable bed are categorized into residential and commercial.

Global Portable Beds Market: Regional Analysis

Asia Pacific is expected to contribute the largest revenue in the global portable beds market. This is mainly due to the large population, increasing demand for residence, snowballing need for portable furniture for rented apartments, increase in disposable income, etc. India and China are the rapidly developing economies in the Asia region; however, they are also the most populated countries in the world. Thus, the demand for residence and consequently for portable furniture is high. In addition to this, these countries are house for major players functioning in the global portable beds market, that supports continuous product supply at a lower rate in local as well as in the international market. China is projected to contribute a major part of the revenue in the Asia Pacific region, whereas India is likely to grow at a rapid pace during the forecast period.

Global Portable Beds Market: Competitive Players

The global portable beds market is operated by a cluster of small and big market players. Some of the major companies functioning in the global market include FlyingBeds International, Murphy Wall Beds Hardware, More Space Place, Clei, Instant Bedrooms, Spaceman, Coleman, Homes Casa, The Bedder Way Co., Murphy Bed USA, SEDAC, Wall Beds Manufacturing, The London Wallbed Company, and SICO Inc.

Global Portable Beds Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 

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FrequentlyAsked Questions

The global portable beds market is growing at a rapid rate. The use of beds in densely populated cities throughout the world is driving the growth of the global portable beds market. Many individuals in large and densely populated cities possess modest homes or flats. Furthermore, the rise in the number of nuclear families, rapid urbanization, the rapidly increasing real estate business, and multi-functionality all influence the growth of the portable bed market.

Some of the major companies functioning in the global portable beds market include FlyingBeds International, Murphy Wall Beds Hardware, More Space Place, Clei, Instant Bedrooms, Spaceman, Coleman, Homes Casa, The Bedder Way Co., Murphy Bed USA, SEDAC, Wall Beds Manufacturing, The London Wallbed Company, and SICO Inc.

The Asia Pacific is expected to contribute the largest revenue in the global portable beds market. This is mainly due to the large population, increasing demand for residence, snowballing need for portable furniture for rented apartments, increase in disposable income, etc.

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